Act Info:
Preamble - THE PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY ACT, 2013
Chapter I - PRELIMINARY
Section 1 - Short title, extent and commencement
Section 2 - Definitions
Chapter II - PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
Section 3 - Establishment and incorporation of Authority
Section 4 - Composition of Authority
Section 5 - Term of office and conditions of service of Chairperson and members of Authority
Section 6 - Removal of members from office
Section 7 - Restriction on future employment of members
Section 8 - Administrative powers of Chairperson
Section 9 - Meetings of Authority
Section 10 - Vacancies. etc., not to invalidate proceedings of Authority
Section 11 - Officers and employees of Authority
Chapter III - EXTENT AND APPLICATION
Section 12 - Extent and application
Chapter IV - TRANSFER OF ASSETS, LIABILITIES, ETC., OF INTERIM PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
Section 13 - Transfer of assets, liabilities, etc., of Interim Pension Fund Regulatory and Development Authority
Chapter V - DUTIES, POWERS AND FUNCTIONS OF AUTHORITY
Section 14 - Duties, powers and functions of Authority
Section 15 - Power to issue directions
Section 16 - Power of investigation
Section 17 - Search and seizure
Section 18 - Power of Authority to ensure compliance
Section 19 - Management by Administrator
Chapter VI - NATIONAL PENSION SYSTEM
Section 20 - National Pension System
Section 21 - Central Recordkeeping Agency
Section 22 - Point of presence
Section 23 - Pension funds
Section 24 - Certain restrictions on foreign companies or individual or association of persons
Section 25 - Prohibition of investment of funds of subscribers outside India
Section 26 - Eligibility norms of the central recordkeeping agency, etc.
Chapter VII - REGISTRATION OF INTERMEDIARIES
Section 27 - Registration of central recordkeeping agency, pension fund, point of presence, etc.
Chapter VIII - PENALTIES AND ADJUDICATION
Section 28 - Penalty for failure by an intermediary or any other person to comply with provisions of this Act, rules, regulations and directions
Section 29 - Crediting sums realised by way of penalties to Subscriber Education and Protection Fund
Section 30 - Power to adjudicate
Section 31 - Attachment of assets and supersession of management of intermediary
Section 32 - Offences
Section 33 - Power to grant immunity
Section 34 - Exemption from tax on wealth, income, profits and gains
Section 35 - Cognizance of offences by court
Section 36 - Appeal to Securities Appellate Tribunal
Section 37 - Court not to have jurisdiction
Section 38 - Appeal to Supreme Court
Chapter IX - FINANCE, ACCOUNT AND AUDIT
Section 39 - Grants by Central Government
Section 40 - Constitution of Pension Regulatory and Development Fund
Section 41 - Constitution of Subscriber Education and Protection Fund
Section 42 - Accounts and audit
Chapter X - MISCELLANEOUS
Section 43 - Power of Central Government to issue directions
Section 44 - Power of Central Government to supersede Authority
Section 45 - Establishment of Pension Advisory Committee
Section 46 - Furnishing of returns, etc., to Central Government
Section 47 - Members, officers and employees of Authority to be public servants
Section 48 - Protection of action taken in good faith
Section 49 - Delegation of powers
Section 50 - Offences by companies
Section 51 - Power to make rules
Section 52 - Power to make regulations
Section 53 - Rules and regulations to be laid before Parliament
Section 54 - Power to remove difficulties
Section 55 - Application of other laws not barred
Section 56 - Savings